Showing 1 - 10 of 13,557
We analyze the performance of various communication protocols in a generalization of the Crawford-Sobel (1982) model of … possible that informative communication with one or both receivers is impossible in private, but possible in public. When the … by public communication with the flexibility provided by private communication and transmit more information to the …
Persistent link: https://www.econbiz.de/10010291984
Persistent link: https://www.econbiz.de/10002071407
The aim of this paper is to explain the relevance of the theory of indirect communication strategy and negotiating … conflict. Based on Thomas Schelling illustrates indirect communication cases: bribery and threats. It shows that both bribery … also contributes to the theory of strategic games very different from zero. Indirect communication is a fundamental basis …
Persistent link: https://www.econbiz.de/10014200330
This paper studies informal communications and exit as alternative ways through which investors can influence managers when obtaining control is not feasible or too costly. The first result shows that exit relaxes the tension between investors and managers, and thereby enhances the effectiveness...
Persistent link: https://www.econbiz.de/10013065985
the two contrasting forms of communication, we find that the average agreed prices of the two treatments are identical …
Persistent link: https://www.econbiz.de/10014356737
We analyze the performance of various communication protocols in a generalization of the Crawford-Sobel (1982) model of … possible that informative communication with one or both receivers is impossible in private, but possible in public. When the … by public communication with the flexibility provided by private communication and transmit more information to the …
Persistent link: https://www.econbiz.de/10003772300
nodes in a communication network. However, communication through the network is noisy, which removes common knowledge about …
Persistent link: https://www.econbiz.de/10011600156
Consider a society where ethnic conflict is imminent due to people's belief about the state of the world. An `informed agent' is a player who has private information about the state. We analyze whether the informed agent can achieve peace by sending private messages to the players. If the...
Persistent link: https://www.econbiz.de/10012904240
The effects of pre-play communication in a coordination game with incomplete information about players' intensity of … preferences are compared to no communication controls. Pre-play communication significantly increases subjects' payoffs and the … probability of coordination, while reducing miscoordination. This results from communication being largely informative, in …
Persistent link: https://www.econbiz.de/10012922707
alliances between countries or firms. Lack of constraints improve credibility of communication and leads to more information …
Persistent link: https://www.econbiz.de/10012854618